Anyone looking for high quality, at the right price, can take advantage of Propy. The site issues PRO tokens, which can be used for accessing services on the Propy platform. The platform helps make real estate transactions easier. Conventional transactions are known for their complicated procedures and a high fee. Propy aims to eliminate these difficulties, using its platform. The promoters include software engineers, investment experts, financial experts, as well as people with experience in developing blockchain applications.
The platform supports the use of blockchain to facilitate title registry. It helps register titles so that they can be accessed anywhere. The decentralized registry is of particular use to people who want to look up international real estate titles. There are 1 million tokens of which 35% is in user circulation and an equal amount diverted toward funding operations, while 15% is held by promoters. The rest is to be used for donations.
The platform will be launching transaction tools around December 2017. The title will be available on a decentralized registry. This is expected to reduce paperwork and delays that are inherent with property transactions, particularly in terms of international transactions. If the initiative is successful, the platform will do away with most transaction paperwork and would attempt to persuade regulatory authority to recognize Propy transactions as the title deed. Since the blockchain is considered secure and resistant to tampering, Propy promoters hope this can be work in favor of the platform, when requesting authorities to recognize transactions on Propy, without paper records.
Real estate is one of the most popular investment instruments the world over. However, there are barriers to international investments. From fraud to lengthy paperwork, there are many reasons investors are hesitant when it comes to buying or selling property overseas. Propy aims to rectify the situation using the reliability of blockchain. At the same time, it aims to reduce risks, such s fraud. Fast transactions ensure that the property does not lose value over the course of time. Also, investors get to the transaction using digital currency, which is expected to reduce the fee. Also, there are rewards on transactions, which are P2P. This enables buyers and sellers to easily find the right property, communicate, and transact. In the process, they may earn rewards as well, and reduce risks and delay.
The benefits associated with trustless systems are expected to help regulatory authorities, as well as buyers and sellers, look favorably at the use of blockchain for property registration and transaction.
Born in 2008, with the bitcoin being the first open-source and widely popular cryptocurrency, the fad associated with them seems to have died down. Th
Dash is a new breed of cryptocurrency, which is a promising alternative coin (also called altcoin) to Bitcoin. In this article, we’ll deal with a br
Mark Cuban June-05-2018
On 29th April 2018, UNICEF Australia proclaimed an initiative which allows a user to hand over his o
There was a time when 10,000 BTC coins would buy 2 pizzas. This was around 8 years back. Now, one
In its past reports, CCN made a note that the 8,200 USD resistance level seems to be a crucial st
Tony Scott May-16-2018
In a meeting with CNBC this Monday, i.e. 14th May, a top-rated policymaker of the US spoke in sup
Jeremy Liew May-08-2018
Sergey Brin, the co-founder of Google says Ethereum mining has assumed an important part in the curr
Tony Scott May-07-2018
The Bitcoin blockchain left its mark in April with the 17 millionth Bitcoin being mined. In case you
Tony Scott May-05-2018
Bitcoin and Ethereum are two world-renowned cryptocurrencies that have led the crypto market and sur
Jeremy Liew May-04-2018
Today, digital currencies are doing kind of things that investors and Wall Street have never seen be
After long, the world’s most popular cryptocurrency, Bitcoin seems to come back. The &lsquo